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Jul 19, 2011
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for years, rupert murdoch has been behind numerous cruel tabloid headlines. now suddenly he's on the front page himself, and that's a pretty awkward place for a press baron to be, suddenly the target of what they call in britain the gutter press. dan rivers, cnn, london. >> a lot of questions probably centers on who knew what it and when. >>> as we've been telling you the phone hacking scandal has cost london's top two police officials their jobs. let's go back to atika shubert. the two high profile resignations pretty much one after another. the timing also important but quite incredible what's unfolded in the last few days. >> reporter: really is, and it has completely tainted the british police. what lawmakers are looking at now is, one, did police ignore the phone hacking scandal when they should have investigated further and two, did they take police payments. they want to know how far the corruption goes in scotland yard. former senior police officer john yates is the latest head to roll. now under investigation for his failed review of the police phone
for years, rupert murdoch has been behind numerous cruel tabloid headlines. now suddenly he's on the front page himself, and that's a pretty awkward place for a press baron to be, suddenly the target of what they call in britain the gutter press. dan rivers, cnn, london. >> a lot of questions probably centers on who knew what it and when. >>> as we've been telling you the phone hacking scandal has cost london's top two police officials their jobs. let's go back to atika shubert....
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Jul 12, 2011
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rupert murdoch is a back room guy. this crisis, this scandal, however, is about the public. it's about, it's about losing trust. it's about doing things that the average man on the street is absolutely appalled by, and it requires to fix this, if it's fixable, it requires explaining. it requires saying you're sorry. it requires going on every chat show that will have you and begging for forgiveness. it requires going to the family of milly dowler and the young girl who was murdered and kidnapped whose phones were hacked and saying you're sorry. these are not the kind of things that rupert murdoch has ever done or that he's capable of doing. >> hmm. when asked if rupert murdoch would have known about these alleged phone hacking incidents, michael wolff put it this way, he says the news corp chief was in close communication editor was in close contact with his sources and content. >> you're watching "world business today." the u.s. president and republican opponents continue to haggle over the country's debt ceiling. that is next. >>> welcome back to "world business today" rig
rupert murdoch is a back room guy. this crisis, this scandal, however, is about the public. it's about, it's about losing trust. it's about doing things that the average man on the street is absolutely appalled by, and it requires to fix this, if it's fixable, it requires explaining. it requires saying you're sorry. it requires going on every chat show that will have you and begging for forgiveness. it requires going to the family of milly dowler and the young girl who was murdered and...
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Jul 20, 2011
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let's first talk about rupert murdoch and what he had to say. yesterday he said it was the most humble day of his life. it seems overnight he's written to news corp. staff explaining the situation to them as well. >> reporter: he did. he wrote a letter to staff basically explaining what he said yesterday at the hearing and also making it clear that he was appalled at these phone hacking allegations. one of the things he said in the letter was he has imbued the corporation with an audacious spirit, but this sort of behavior should not be tolerated. he also laid out some of the steps the company is taking to address the issue including setting up an independent standards and management committee. one of the things he also said was that he was sorry for the hurt that was caused, and we have taken responsibility. that's what it says in the letter to employees. of course, one of the things that he said in his hearing yesterday was very -- put very bluntly to him by mp tom watson who asked him if he took ultimate responsibility for this whole fiasco.
let's first talk about rupert murdoch and what he had to say. yesterday he said it was the most humble day of his life. it seems overnight he's written to news corp. staff explaining the situation to them as well. >> reporter: he did. he wrote a letter to staff basically explaining what he said yesterday at the hearing and also making it clear that he was appalled at these phone hacking allegations. one of the things he said in the letter was he has imbued the corporation with an...
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Jul 11, 2011
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former editor rebecca brooks here with rupert murdoch is, according to uk media reports, likely to be questioned by police later today. she's been facing growing calls to step down. but also under scrutiny is les hinton, the news internationa s international's. and there's rue put murdock himself. there he is on the left with rebecca brooks. his latest concern is the mounting pressure on lawmakers to block his takeover of british sky broadcasting known as b sky b, pauline. >> it's not just the uk that murdock is having a tough time. as reported, the scandal is being felt across the globe including murdock's homeland of australia. >>> it's having implications in australia where rupert murdoch began his global media empire. australian-born murdock took over the family business at the age of 22 following the death of his father. well, starting with just one newspaper, murdock went on to acquire dozens more, flounding "the australian." his holdings in australia, which make up 70% of the nation's media landscape, the most of any country in the world. now including eight of the 12 metropoli
former editor rebecca brooks here with rupert murdoch is, according to uk media reports, likely to be questioned by police later today. she's been facing growing calls to step down. but also under scrutiny is les hinton, the news internationa s international's. and there's rue put murdock himself. there he is on the left with rebecca brooks. his latest concern is the mounting pressure on lawmakers to block his takeover of british sky broadcasting known as b sky b, pauline. >> it's not...
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Jul 7, 2011
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that will be worrying rupert murdoch. let's look at some of the other news stories covering this hour. >>> the district attorney covering dominique strauss-kahn says he will not take himself off the case, despite the demand from the alleged victim's lawyer. the lawyer's accusation that the d.a.'s office leaked derogatory information about his client to the media is, quote, without merit. the hotel maid accused strauss-kahn of attempting to rape her in the spring. >>> the big three rating agencies following moody's downgrade on portugal's bonds on tuesday. the e.u. president suggests the downgrade to junk status might have anti-bias on the companies based in the united states. european legislators might fight back by imposing civil penalties on ratings agencies that get it wrong. there's talk of tighter regulations and a europe-based agency to replace the big three. >> portugal's fulfillment will be assessed on a quarterly basis. in this context, and the absence of facts on the new economy, by yesterday's decisions by one
that will be worrying rupert murdoch. let's look at some of the other news stories covering this hour. >>> the district attorney covering dominique strauss-kahn says he will not take himself off the case, despite the demand from the alleged victim's lawyer. the lawyer's accusation that the d.a.'s office leaked derogatory information about his client to the media is, quote, without merit. the hotel maid accused strauss-kahn of attempting to rape her in the spring. >>> the big...
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its owner, rupert murdoch, realized his entire empire was at risk of being tainted. one can only imagine the conversation he had with his son james, who runs the uk business. >> i feel regret. clearly the practices of certain individuals did not live up to the standards and quality of journalism that we believe in and that i believe in. >> reporter: it was the revelation that a murdered school girl had been targeted by journalists from the paper who eavesdropped on her cell phone messages that was the beginning of the end for the paper. hacking into cell phone messages is illegal in the uk. the scandal that the "news of the world" had been systematical systematically eavesdropping on people for years had been swirling around westminster, with some telling politicians that it was the work of a rogue reporter. >> i believe he was the only person. >> reporter: but there was a lingering suspicion that former editors like rebecca brooks work remains chief executive of the parent company, must have sanctioned the hacking. something she always denied. she's a close friend w
its owner, rupert murdoch, realized his entire empire was at risk of being tainted. one can only imagine the conversation he had with his son james, who runs the uk business. >> i feel regret. clearly the practices of certain individuals did not live up to the standards and quality of journalism that we believe in and that i believe in. >> reporter: it was the revelation that a murdered school girl had been targeted by journalists from the paper who eavesdropped on her cell phone...
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Jul 14, 2011
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rupert murdoch withdrew the bid for bskyb on wednesday. that was amid the scandal at newscorp international. it must have been a tough one for him. >> reporter: oh, yeah, completely. we were all told he was desperate to get his hands on the remaining shares, 60% of sky that he didn't own. and it will be a bitter climbdown for him. one he was facing the reality that in the political climate that was developing where all the main parties were opposed to that takeover going ahead. it was just kind of unrealistic for them to pursue that right now. not saying perhaps they don't come back and have another go at it in six month's time. in terms of what will happen today, there's momentous developments today as well. right now is the deadline, we're told, fora bekaa brooks, the embattle embattled chief international to respond before a committee of politicians on wednesday. we're told 9:20 is the latest she could respond. after that who knows what will happen after that. theoretically she could be forced to attend by the sergeant at arms' office w
rupert murdoch withdrew the bid for bskyb on wednesday. that was amid the scandal at newscorp international. it must have been a tough one for him. >> reporter: oh, yeah, completely. we were all told he was desperate to get his hands on the remaining shares, 60% of sky that he didn't own. and it will be a bitter climbdown for him. one he was facing the reality that in the political climate that was developing where all the main parties were opposed to that takeover going ahead. it was...
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Jul 13, 2011
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on tuesday, rupert murdoch himself, his company announced a plan to buy back an extra $3.2 billion in its own shares, bringing its buyback to a total of $5 billion which is a huge amount, pauline. then again, it's also a huge amount, the money being taken off the stock price of news corp and also bskyb, the british broadcaster whose remaining stake it's trying to buy as well. >> analysts see this buyback as a way for news corp to give its share price a little bit of a boost. but that that hasn't exactly gone as plan. news corp's shares closed almost 3% lower in australia on this wednesday. news corp also ended tuesday's session on wall street in the red. >>> coming up next, china's growth is cooling down a little bit. but could that actually be welcome news for the world's second largest economy? we'll have more on that live from beijing in just a minute. >>> this is "world business today" on cnn. welcome back to the show. >>> china's economy is still expanding at a faster pace than that of just about any other nation. but in the face of weaker global demand for chinese goods and othe
on tuesday, rupert murdoch himself, his company announced a plan to buy back an extra $3.2 billion in its own shares, bringing its buyback to a total of $5 billion which is a huge amount, pauline. then again, it's also a huge amount, the money being taken off the stock price of news corp and also bskyb, the british broadcaster whose remaining stake it's trying to buy as well. >> analysts see this buyback as a way for news corp to give its share price a little bit of a boost. but that that...
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Jul 23, 2011
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rupert murdoch was singing his wife's praises last month, a tough woman. he gushed about meeting her, and falling in love with the woman nearly half his age and his efforts to convince her to marry him. >> i was in love with her and i asked her, and she said no. it took me a long time to persuade her. >> reporter: they married in 1999, after murdoch divorced his wife of 31 years. they now have two daughters, and
rupert murdoch was singing his wife's praises last month, a tough woman. he gushed about meeting her, and falling in love with the woman nearly half his age and his efforts to convince her to marry him. >> i was in love with her and i asked her, and she said no. it took me a long time to persuade her. >> reporter: they married in 1999, after murdoch divorced his wife of 31 years. they now have two daughters, and
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Jul 6, 2011
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together those five brands bring in an estimated $3.2 million for the rupert murdoch owned newspaper. pretty significant business on the line. all of this comes as murdoch's own news corporation aims to take over british sky broadcasting. discussions on that have been going on for months. there's also been widespread opposition to that planned takeover. and just yesterday reacting to fresh allegations, the former deputy prime minister lord prescott began calling for the takeover to be blocked. john prescott himself is one of many politicians to have his phone hacked alongside numerous celebrities, stars and aides to the british royal family. as dan rivers reports, even though phone hacking revelations are nothing new, it dates back further than many realized. >> the murder of the 13-year-old schoolgirl milly doward in 2002 appalled britain. last month her killer, lev levi belfield was finally convicted. this is now come up with another inquiry, phone hacking. the scandal relates to the illegal tabloid practice of accessing cell phone messages left for celebrities in order to get stori
together those five brands bring in an estimated $3.2 million for the rupert murdoch owned newspaper. pretty significant business on the line. all of this comes as murdoch's own news corporation aims to take over british sky broadcasting. discussions on that have been going on for months. there's also been widespread opposition to that planned takeover. and just yesterday reacting to fresh allegations, the former deputy prime minister lord prescott began calling for the takeover to be blocked....